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Sep 27, 2012
09/12
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FOXNEWSW
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. >> yeah, i think they ought to be paying income tax here, you know. but if this was not real close, they both wouldn't be here all the time. and i think what romney needs to do, the question is people wonder does he understand their problems? and when is he out there, he touches them. he just has got to touch as many people as he can. that's why he has to keep coming back. and the more he is back here, the better he will do. if he continues to have a message that says one basic thing. i understand your problems, and i believe i can fix them. >> bill: here is the problem with that, that barack obama was in ohio today and barack obama is a good campaigner and he touches people too and look you have got the cleveland, that's going to go democrat. always goes democrat there okay? and then you have got, you know, the certain republic precincts but i'm surprised. i really am. i thought that mitt romney would be doing much much better in ohio. is it about television advertising? is it television advertising equal there? is there another variable that i don't
. >> yeah, i think they ought to be paying income tax here, you know. but if this was not real close, they both wouldn't be here all the time. and i think what romney needs to do, the question is people wonder does he understand their problems? and when is he out there, he touches them. he just has got to touch as many people as he can. that's why he has to keep coming back. and the more he is back here, the better he will do. if he continues to have a message that says one basic thing. i...
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Sep 27, 2012
09/12
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KPIX
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when you begin the week and you know it is a difficult week and then you try to trump that with the tax thing >> he says it could be his last chance >> it is to strike down and he has his third swing at the debate but given where the races, he really needs to do something significant to try to realign the race or change it up >> there has been a quick response from the republican side. a super pak funded by billionaire joe rickets will launch a new barrage of advertisements starting tomorrow. the $10 million campaign will target americans who voted for the president in 2008 and are not sure who to vote for this year. >> uc regents will pay $1 million of damages over a protest that ended with students being doused with pepper spray. this was the video that sparked outrage and lawsuits. last november uc-davis after a series of warnings police dressed in riot gear used pepper spray on them. >> instead of listening to those protests and taking action that was appropriate, the university essentially duplicate of the errors of other campuses by bringing in riot gear to squelch and suppress a
when you begin the week and you know it is a difficult week and then you try to trump that with the tax thing >> he says it could be his last chance >> it is to strike down and he has his third swing at the debate but given where the races, he really needs to do something significant to try to realign the race or change it up >> there has been a quick response from the republican side. a super pak funded by billionaire joe rickets will launch a new barrage of advertisements...
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Sep 30, 2012
09/12
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FBC
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credits and tax rates. cutting tax rates gives you incentive to invest in plant and equipment which then allows you to hire people, because you're going to get to keep an extra amount of money on each dollar of profit you make. cutting tax credits does not hurt incentive, because tax credits are temporary and does not encourage investment. >> steve, i want to keep it on the simplification, because that's success i can identify with. i haven't my own taxes in a long time. the reason is, because it's just too complex. i'm not a small business. if i was a small business, i'd have to do devote hundreds of hours of time, a lot of money, to figuring the thing out. >> that's right. the irs has figured out, david, that last year we spent 6.5 billion hours filling out tax forms, the equivalent of 2 1/2 million full-time jobs. it cost the economy $300 billion a year. huge waste of brain power. so yes, tax simplification is absolutely essential. paul ryan, the vice presidential candidate, has an even better plan than
credits and tax rates. cutting tax rates gives you incentive to invest in plant and equipment which then allows you to hire people, because you're going to get to keep an extra amount of money on each dollar of profit you make. cutting tax credits does not hurt incentive, because tax credits are temporary and does not encourage investment. >> steve, i want to keep it on the simplification, because that's success i can identify with. i haven't my own taxes in a long time. the reason is,...
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Sep 26, 2012
09/12
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FBC
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the high taxes. melissa, get this. right now we have the highest budget in the history of the state and the governor has a $50 billion tax hike on the ballot. if that is not the definition of tax-and-spend i don't know what is. melissa: you look at where they're going and you see that more than 70% of those states net migration is going to texas. and they came from california. 70% of the people that moved into texas, came from california. it shows you that like you said, weather, warm weather is important to these folks. being outdoors. but at the same time, texas, i just got back from houston. it is a state that is very focused on, as a lot of people said freeing business up to do what they do best. and not holding people back. you are what you achieve is what i heard over and over again while i was there and seems like california lost a little bit of that. i'm a native calfornian. this breaks my heart. >> it is too bad. you know how it is out here. it is a great state and great people out here. but the leaders of thi
the high taxes. melissa, get this. right now we have the highest budget in the history of the state and the governor has a $50 billion tax hike on the ballot. if that is not the definition of tax-and-spend i don't know what is. melissa: you look at where they're going and you see that more than 70% of those states net migration is going to texas. and they came from california. 70% of the people that moved into texas, came from california. it shows you that like you said, weather, warm weather...
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Sep 29, 2012
09/12
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FOXNEWSW
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romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. h
romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%....
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Sep 28, 2012
09/12
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WJLA
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$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild americica by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> here is a look at live doppler. rainshowers, ar bit of thunder down to south. another batch of rain coming and. morning, there some lingering showers, but not the exciting lightning d thunder. a bit cooler as we had gone into the weekend. it is going to start to have that fault field. ok. -- fall feel. >> thank you for joining us. [ romney ] my plan is to help the middle class. trade has to work for america. that means crack down on cheaters like china, it means open up new markets. next, we've got to balance the budget. you've got to cut the deficit. you've got to stop spending more money than we take in. and finally, champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i ap
$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild americica by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> here is a look at live doppler. rainshowers, ar bit of thunder down to south. another batch of rain coming and. morning, there some lingering showers, but not the exciting lightning d thunder. a bit cooler as we had gone into the weekend. it is going to...
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365
Sep 27, 2012
09/12
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KPIX
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eye 365
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they give the president a ten- point advantage on taxes, too, 53 to 43. on dealing with the deficit, however, governor romney comes out on top, 49 to 45. jan crawford is covering in toledo tonight, jan. >> reporter: well, scott, after getting off his economic message and now taking hit in the polls, the romney campaign is shifting some of its strategies and we're starting to see that on the trail. to better connect with voters, romney is campaigning more with three events today in ohio. >> we're taking back this country. we're going to get it strong again! >> reporter: he's been more accessible to the media, with hastily arranged interviews. >> i listen to a lot of advice but frankly i'm going to keep on my message which is i know how to get this economy going, create jobs, more take-home pay for people. >> reporter: and today he released a new type of television ad which will air here in ohio and other battleground states where he makes his case directly with voters. >> my plan will create 12 million new jobs over the next four years. >> reporter: the ro
they give the president a ten- point advantage on taxes, too, 53 to 43. on dealing with the deficit, however, governor romney comes out on top, 49 to 45. jan crawford is covering in toledo tonight, jan. >> reporter: well, scott, after getting off his economic message and now taking hit in the polls, the romney campaign is shifting some of its strategies and we're starting to see that on the trail. to better connect with voters, romney is campaigning more with three events today in ohio....
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Oct 4, 2012
10/12
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KPIX
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eye 166
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running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made the case that he would be better at creating jobs, the president questioned how the former governor would control the financial sector. >> does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? >> look, we have to have regulation of wall street. that's why i'd have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. this is the biggest kiss that's been given to new york banks i've ever seen. >> reporter: on to health care. romney returned to his recurring theme, calling obamacare a job killer. >> i just don't know how the pres
running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made the case that he would be better at creating jobs, the president questioned how the former governor would...
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Sep 27, 2012
09/12
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WJLA
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have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobobs in four years. i'm mitt romney and i approve this message.
have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobobs in four years. i'm mitt romney and i approve this message.
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Sep 27, 2012
09/12
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CURRENT
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you're going to pay lower less in taxes. lower taxes. and then yesterday he seemed to say well, maybe not. >> romney: so our individual income taxes are ones i want to reform, make them simpler. bring the rates down. by the way don't be expecting a huge cut in taxes because i'm going to issue exemptions. >> bill: so don't expect a cut in taxes. so what he's saying is -- this is just so confusing. the guy is a horrible candidate. it is so confusing because he's saying the romney plan, the romney/ryan plan cuts the top tax rate from 35% which it is under the bush tax cut for the wealthy, 35 down to -- and romney would cut it and ryan would cut it further from 35 down to 25, lower it down to 25%. but then romney says yeah, but you're still going to pay a lot more in taxes. you're not going to get a big tax cut because at the same time i'm going to make up for the lost revenue by closing tax loopholes. now, he doesn't tell us what loopholes he's going to get rid of. he's going to get rid of charitable deductions. is he going to get rid of th
you're going to pay lower less in taxes. lower taxes. and then yesterday he seemed to say well, maybe not. >> romney: so our individual income taxes are ones i want to reform, make them simpler. bring the rates down. by the way don't be expecting a huge cut in taxes because i'm going to issue exemptions. >> bill: so don't expect a cut in taxes. so what he's saying is -- this is just so confusing. the guy is a horrible candidate. it is so confusing because he's saying the romney...
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Sep 30, 2012
09/12
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KPIX
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eye 416
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percent opposed, it will raise income tax on people making $250,000 a year, it will raise sales taxes. president obama and republican candidate mitt romney take a break to get ready for their first presidential debate next week dru levenson shows us both candidates sent running mates to battleground states. >>> vice-president joe biden plate to florida's older voters. first at a diner than a rally he said president obama wants to make sure medicare is around. >>> the action the president took strengthen medicare trust fund and exceeded its live up to 2024 >>> biden argued the republicans want to drastically change the program >>> that on want to tell you they're not for medicare there for a thing called a voucher care >>> and the vice presidential nominee hammered the obama administration for out of control borrowing and spending. >>> as a result the most of not fixing it our credit rating downgraded for first time in history >>> line said new hampshire's will help shape the election >>> get those people that promise to open change are demoralized now >>> the candidates prep for the f
percent opposed, it will raise income tax on people making $250,000 a year, it will raise sales taxes. president obama and republican candidate mitt romney take a break to get ready for their first presidential debate next week dru levenson shows us both candidates sent running mates to battleground states. >>> vice-president joe biden plate to florida's older voters. first at a diner than a rally he said president obama wants to make sure medicare is around. >>> the action...
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Sep 26, 2012
09/12
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CNBC
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they pay social security taxes, state taxes, local taxes, gas, sales, property taxes. romney paid 14% in taxes last year on over $13 million in income. >> the obama team's complaint is romney is ignoring all of the other nonfederal taxes people pay when he's accusing them of not paying taxes. what happens in the second half of the ad? >> they are comparing apples to oranges again. >> they did the same thing they accused the romney team of doing which is ignoring all of the state, local, real estate, sales and other taxes people pay. for the record we checked. what did mitt romney pay according to his 2011 tax returns? here's what he paid in state and local taxes. he paid over 1.3 million dollars in state and local. he paid $214,000 plus in real estate taxes and a whopping $146 in personal property taxes. the point is he did pay the other taxes. the obama ad ignores that and focuses on the federal which they accused him of doing when talking about the 47%. if you're doing it for one side, you have to do it for the other. >> well done. thank you. >> you bet. >> heaven in
they pay social security taxes, state taxes, local taxes, gas, sales, property taxes. romney paid 14% in taxes last year on over $13 million in income. >> the obama team's complaint is romney is ignoring all of the other nonfederal taxes people pay when he's accusing them of not paying taxes. what happens in the second half of the ad? >> they are comparing apples to oranges again. >> they did the same thing they accused the romney team of doing which is ignoring all of the...
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Oct 2, 2012
10/12
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KPIX
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tax experts said today 90% of american families are facing llat they call unprecedented tax increases. how much? wyatt andrews is in washington tonight. intt? >> reporter: scott, according to the non-partisan tax policy center, the united states is now on the threshold of one of the largest tax increases in history-- a tax hike that could average $3,500 for every american household. without action by congress, the report says, taxes will go up next year by 20%-- $536 billion overall and will hit americans at every income level, including those living below the poverty line. for a middle-income family making $40,000 a year, taxes will go up by $2,000. the increases are so large secause the nation's biggest tax cuts all expire three months from now on new year's day. cludeinclude the bush-era federal income tax cuts, the payroll tax cut that lowered social security and medicare taxes, and several remaining stimulus tax cuts all go away january 1 unless congress and the president reach a deal on the budget. e ny economists are concerned that a tax increase of that size could shock the ec
tax experts said today 90% of american families are facing llat they call unprecedented tax increases. how much? wyatt andrews is in washington tonight. intt? >> reporter: scott, according to the non-partisan tax policy center, the united states is now on the threshold of one of the largest tax increases in history-- a tax hike that could average $3,500 for every american household. without action by congress, the report says, taxes will go up next year by 20%-- $536 billion overall and...
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Oct 3, 2012
10/12
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CSPAN2
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we've had -- the tax, the church tax, we had the [inaudible] tax, we the grammy tax, panic at the pump. we had dinner, we country surface with rebekah brookes. [laughter] [laughter] he said the text remember? lol. [laughter] now what do we have? the minister murdoch becoming the minister for the national whole service. we have an international development secretary. she says she doesn't believe in international development. [laughter] again, e with have a party chairman who writes books about how to beat the recession under a false name. [laughter] i'm not making it up. i'm really not making it up. i have to say, if i was chairman of the conservative party, i would have a false name too. there it is. [applause] but here's my farted one, of course, -- my favorite one of all. he made an appointment in order to resign but david cameron was too competent to know that he wanted to resign. he's still in the government. they are so useless, they can't even resign properly. it's up to us. let he say to you, one tbhaition it another way of avoiding the difficult decisions. it's a way of making
we've had -- the tax, the church tax, we had the [inaudible] tax, we the grammy tax, panic at the pump. we had dinner, we country surface with rebekah brookes. [laughter] [laughter] he said the text remember? lol. [laughter] now what do we have? the minister murdoch becoming the minister for the national whole service. we have an international development secretary. she says she doesn't believe in international development. [laughter] again, e with have a party chairman who writes books about...
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Sep 27, 2012
09/12
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MSNBC
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in terms of what to expect should be a new tax oversight body. we'l hear news about that limitations onartint wese t across the euro zone. retirement ages are pushed higher and higher. new taxes on green house gas emissions and also on stocks transactions to limit the volatility. also, expect to see some sort of a wage freeze continue on public an pig i2013. what is key is where the pensions will be touched. this is very big across the continent, whether there are further cuts to welfare. you're not going to get true reports until the pensions are worn back. this is the last froon tear a fay' concerned. >> karen cho, thanks so much. >>> still ahead on "way too early," the officials -- yeshgs the officials will get the biggest cheers in the building to night when they return to the field for the ravensrowns game. we'll tell you how the deal came ayesnsp. and check out the >>> and stephen colbert prepares us for the apork-alypse. that clip and a check on weather when "way too earlycomes right back. [ owr ] i need to expand to meet the needs of my g
in terms of what to expect should be a new tax oversight body. we'l hear news about that limitations onartint wese t across the euro zone. retirement ages are pushed higher and higher. new taxes on green house gas emissions and also on stocks transactions to limit the volatility. also, expect to see some sort of a wage freeze continue on public an pig i2013. what is key is where the pensions will be touched. this is very big across the continent, whether there are further cuts to welfare....
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Sep 30, 2012
09/12
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WRC
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barry peterson reports some voters in colorado are fed up. >> romney paid just 14% in taxes last year on over 13 until in income. >> obama wages war on coal while we lose jobs to china. >> they blow everything out of proportion, both sides. >> i push mute. >> reporter: in colorado alone 47 million dollars in five months has been spent by the obama and romney campaigns and groups supporting them. but come november, people here will be able to tell the rest of the nation just how they feel about enduring all those tv ads. >> let me get your e-mail address. >> reporter: he got amendment 65 on the ballot, if passed the state's congressional delegation would be required to propose an amendment to the u.s. constitution limiting campaign contributions and spending. allena nunez is executive director of colorado common cause. >> the result is a democracy that really distorts the voice of ode people in favor of those who can write multimillion dollar checks. >> billionaire was argue they have the same rights, freedom of speech of anybody else. >> free speech protects our right to say what we w
barry peterson reports some voters in colorado are fed up. >> romney paid just 14% in taxes last year on over 13 until in income. >> obama wages war on coal while we lose jobs to china. >> they blow everything out of proportion, both sides. >> i push mute. >> reporter: in colorado alone 47 million dollars in five months has been spent by the obama and romney campaigns and groups supporting them. but come november, people here will be able to tell the rest of the...
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Sep 26, 2012
09/12
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CURRENT
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maybe we can talk about taxes. why? because they're going to do a tiny little trick with attaches and president obama has already said he's going to cut corporate taxes from 35% to 28%. in the end where are they going to get the money? from social security. now even david koch of koch industries is saying: >> why? because he's going to trick you. hey, here's a little tax increase wink wink. now give me your social security money. that is a deal i am not interested in. finally, david axelrod when asked about the social security deal had this interesting response. >> mark, i'll tell you what, when you get elected to the united states senate and sit at that table we'll have -- this is not the time. we're not going to have that discussion right now. >> why doesn't he want to have that discussion about social security wouldn't it be the easiest thick for a politician to say under no circumstances will we cut social security. 84% of americans agree with that. if you're a progressive democratic you say of course never cut soci
maybe we can talk about taxes. why? because they're going to do a tiny little trick with attaches and president obama has already said he's going to cut corporate taxes from 35% to 28%. in the end where are they going to get the money? from social security. now even david koch of koch industries is saying: >> why? because he's going to trick you. hey, here's a little tax increase wink wink. now give me your social security money. that is a deal i am not interested in. finally, david...
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Oct 1, 2012
10/12
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KPIX
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eye 156
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the sales tax in sonoma is up to 8.5%. all the increases were passed by the voters. >>> more trains are being added to meet demand there. caltran will revive four discontinued trains. riders hit a new high in the month of june. >>> no legislative release for 200,000 workers. jerry brown has vetoed legislation that would have provided other labor protections to 200,000 care givers, nannies in california. he rejected it because he believes the bill raises the number of unanswered questions. california is the first state to ban a controversial therapy aimed at making a gay minor straight. bans nonscientific therapies that have driven people to depression and suicide. opponents argued the ban infringes on the right. >> gay rights activists are expected to protest the new archbishop. takeover the position on thursday. he was a key force behind profit 8. he'll be welcomed at most holy redeemer catholic church in the castro district. >> hopefully elsie how important this church is and what it does. there are a lost elements which
the sales tax in sonoma is up to 8.5%. all the increases were passed by the voters. >>> more trains are being added to meet demand there. caltran will revive four discontinued trains. riders hit a new high in the month of june. >>> no legislative release for 200,000 workers. jerry brown has vetoed legislation that would have provided other labor protections to 200,000 care givers, nannies in california. he rejected it because he believes the bill raises the number of...
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Sep 30, 2012
09/12
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KICU
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even if a tax measure that would help fund state universities passes on election day. students need to be planning now, and not wait for the end of the year to get their schedules prepared. this week ... the number of people applying for unemployment benefits nationally dropped to the lowest point since july. the u-s labor department says jobless claims decreased by 26-thousand nationally. the turnaround in claims may be a good sign for san jose state students looking for jobs when they graduate. update news pedro garcia is live on campus with more on what the job market is looking like. you. are. hired. three magic words students want to hear when they graduate sometimes getting an employer to utter this phrase can prove to be difficult. ">>>last semester about 7500 students graduated from san jose state minh nyguen is one of those students he has a bachelors in computer science and you would think in silicon valley that would all but guarantee you a job. minh nyguen sjsu graduate:"so now i'm back at it looking for a job again looking for anything web related. web tes
even if a tax measure that would help fund state universities passes on election day. students need to be planning now, and not wait for the end of the year to get their schedules prepared. this week ... the number of people applying for unemployment benefits nationally dropped to the lowest point since july. the u-s labor department says jobless claims decreased by 26-thousand nationally. the turnaround in claims may be a good sign for san jose state students looking for jobs when they...
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Oct 2, 2012
10/12
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KPIX
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eye 148
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taxes go up by 2,000 in 2013. >>> the young man who was involved in deadly sniper a tax in the d.c. area is talking from prison. lee boyd malvo took part in the shootings that began 10 years ago today. 10 people in all were killed. malvo was 17 at the time and laughed about the shootings when he was arrested. now he is talking in a different tone from a virginia prison where he is serving a life sentence. i was a monster. i mean, if you look at the definition of a monster, that's what a monster is. >> malvo got a life sentence instead of death because jurors believed he was under his accomplice' control during the crime. >>> american airlines has engineers in new york checking the seats on eight boeing 757 jets. the inspections came after two incidents where rows of seats came loose from the airplane floor. it happened yesterday in a flight from new york to miami. again on saturday, on a boston- to-miami flight that made an emergency landing in new york because of pilot concerns. >> we don't know what kind of turbulence we have. the seat is loose. we don't want that thing flying aro
taxes go up by 2,000 in 2013. >>> the young man who was involved in deadly sniper a tax in the d.c. area is talking from prison. lee boyd malvo took part in the shootings that began 10 years ago today. 10 people in all were killed. malvo was 17 at the time and laughed about the shootings when he was arrested. now he is talking in a different tone from a virginia prison where he is serving a life sentence. i was a monster. i mean, if you look at the definition of a monster, that's what...
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Sep 26, 2012
09/12
by
KPIX
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. >> >> who says that you have to play fair? apparently don't need to, bill murray tried to sneak away with the ryder cup. you can see him sneaking it out in his sweater vest and then stashing it in his golf bag. he finished second at 2 olympian michael phelps. >> that is too funny. if you're going to golf this weekend, i have news for you, lawrence karnow says it will be sweet. >> is spectacular weekend in the bay area. it looks like this weekend will be one of those great weekends with a lot of sunshine coming our way. hazy over the bay right now. but we're starting to clear the clouds out except that the coastline. patchy fog continuing there. temperatures getting warm in spots in mind, 70 in livermore already and 62 degrees in san fransisco
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. >> >> who says that you have to play fair? apparently don't need to, bill murray tried to sneak away with the ryder cup. you can see him...
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Oct 4, 2012
10/12
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WUSA
tv
eye 136
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>> mitt romney does have tax cuts in his plan. the issue is it really a $5 trillion tax cut because what he says it will make more revenue because it creates more jobs. those people then start paying taxes. so it doesn't actually cut revenues to the government. but there are cuts in the tax rate that individuals pay. i'm not sure how to count whether that is or is not a tax cut. >> reporter: bottom line, $5 trillion not $5 trillion or there is no bottom line? >> the romney-ryan plan has never specified exactly what the loopholes they will close or how the math adds up, but they say it is not a $5 trillion tax cut because it has these other residual benefits. >> well, that cleared that up, didn't it? both candidates are working hard, though, to win the support of young voters. >> last night students at the university of maryland in college park watched the debate and then offered their opinions of the candidates in a high- tech way. matt jablow has more. >> reporter: for professor philip resnick, the first general election debate o
>> mitt romney does have tax cuts in his plan. the issue is it really a $5 trillion tax cut because what he says it will make more revenue because it creates more jobs. those people then start paying taxes. so it doesn't actually cut revenues to the government. but there are cuts in the tax rate that individuals pay. i'm not sure how to count whether that is or is not a tax cut. >> reporter: bottom line, $5 trillion not $5 trillion or there is no bottom line? >> the...
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Sep 30, 2012
09/12
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make it so that five years from now we run into you on the street and you're just a normal, working, tax paying citizen. >> daddy, daddy don't you cry. your little boy ain't gonna die. >> along with the discipline you're trying to instill that there's more to doing things than the road that they have chosen. they can educate themselves. they can get jobs. they can learn how to be better parents. we're giving them a sense of responsibility, you know. if you can do this the right way, it's going to pay off. you don't have to just sell drugs, you know, to feel important. >> i used to drive a cadillac. now i pack it on my back. impact life is not my style. they got me looking like gomer pyle. >> one of the distinct features of the impact program is that it allows female inmates from a nearby women's correctional facility to participate alongside the men. >> louisiana correctional institute for women sits about a quarter mile to a half mile down the road from us. it's easy for us to get those females here and get them back to the women's prison at night. >> bravo company is one of the six imp
make it so that five years from now we run into you on the street and you're just a normal, working, tax paying citizen. >> daddy, daddy don't you cry. your little boy ain't gonna die. >> along with the discipline you're trying to instill that there's more to doing things than the road that they have chosen. they can educate themselves. they can get jobs. they can learn how to be better parents. we're giving them a sense of responsibility, you know. if you can do this the right way,...
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Oct 1, 2012
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. >> romney paid just 14% in taxes last year on over 13 until in income. >> obama wages war on coal while we lose jobs to china. >> they blow everything out of proportion, both sides. >> i push mute. >> reporter: in colorado alone 47 million dollars in five months has been spent by the obama and romney campaigns and groups supporting them. but come november, people here will be able to tell the rest of the nation just how they feel about enduring all those tv ads. >> let me get your e-mail address. >> reporter: he got amendment 65 on the ballot, if passed the state's congressional delegation would be required to propose an amendment to the u.s. constitution limiting campaign contributions and spending. allena nunez is executive director of colorado common cause. >> the result is a democracy that really distorts the voice of ordinary people in favor of those who can write multimillion dollar checks. >> reporter: billionaires would argue they have the same rights, freedom of speech, of anybody else. >> free speech protects our right to say what we want but it shouldn't give people the right
. >> romney paid just 14% in taxes last year on over 13 until in income. >> obama wages war on coal while we lose jobs to china. >> they blow everything out of proportion, both sides. >> i push mute. >> reporter: in colorado alone 47 million dollars in five months has been spent by the obama and romney campaigns and groups supporting them. but come november, people here will be able to tell the rest of the nation just how they feel about enduring all those tv ads....
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Sep 30, 2012
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. >>> welcome back to eyewitness news cbs 5 the last saturday in september 2012 when go out on hotter now than yesterday. some readings across the bay for degrees warmer in san francisco let's 6215 degrees hotter in livermore at 93. san jose mid-seventies common. the thought compressed to 700 ft., that keeps san francisco cool this evening at 58, otherwise we drop down in the mid '80s in the tri valley oakland now 61 degrees. that high pressure strengthens it rents up and produces an off shore flow which means dry winds from inland areas moving offshore in an easterly direction that increases potential for fire danger, what dissipates the offshore wind we dissipates the offshore wind we makes it easy for anne to manage her finances when she's on
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. >>> welcome back to eyewitness news cbs 5 the last saturday in september 2012 when go out on hotter now than yesterday. some readings across...
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Sep 28, 2012
09/12
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ba i will cut taxes but i toepeo don't know how much. i will repeal but i have to wait.is presi oba but mathat is the mitt romney slogan.romney instead of saying here is my plan, i have been running six years. lou: if that is true the voters want specificity. why would they not what performance and the plan? >> but we don't have confidence in obama but less paular of governor romney. >> basically this president who ha has blamed his policy on hi failures now has a wonderful advantage to run against an an opponent he can blame is that correct? >> the thing that amazes meng ta i look at the polls. the country wants change. d quitg about the president and talk about himself. lou: okay, talking about himself. we will find out how well he debates. is that sufficient? >> it's not a quick fix. he needs specifics and ideas and something that you can dwell on going forward that gives a credible and clear alternative. lou: we both understand, we've known each other for some time. i have a very hard time reaching that chasm. at the idea that a pres
ba i will cut taxes but i toepeo don't know how much. i will repeal but i have to wait.is presi oba but mathat is the mitt romney slogan.romney instead of saying here is my plan, i have been running six years. lou: if that is true the voters want specificity. why would they not what performance and the plan? >> but we don't have confidence in obama but less paular of governor romney. >> basically this president who ha has blamed his policy on hi failures now has a wonderful...
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Oct 2, 2012
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a study by the tax policy center finds the average tax bill will go up by 20% in 2013 if lawmakers allow a lift of cuts to expire at the end of the year. economists warn the tax cuts combined with automatic spending cuts could throw the fragile u.s. economy back into a recession. >>> next month maryland voters will decide whether or not hundreds of students can afford to go to college. critics claim the dream act rewards illegal immigrants by giving them in state tuition rates. >> but supporters say it's only fair to give some people a path to fulfill their dreeps. >> this is a chance -- dreams. >> this is a chance for me to go to the university of maryland. >> reporter: he is a dreamer. >> to become a doctor and give back to society. probably i could be saving your life in the future. >> reporter: his parents brought him to the u.s. at 12. he graduated from kennedy high school, earned straight as at montgomery college, was diagnosed with bone cancer at 18. >> i want to save lives. my life was saved once. >> reporter: he says he could scrape together enough money to afford in state tuiti
a study by the tax policy center finds the average tax bill will go up by 20% in 2013 if lawmakers allow a lift of cuts to expire at the end of the year. economists warn the tax cuts combined with automatic spending cuts could throw the fragile u.s. economy back into a recession. >>> next month maryland voters will decide whether or not hundreds of students can afford to go to college. critics claim the dream act rewards illegal immigrants by giving them in state tuition rates....
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Oct 3, 2012
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. >> how they can justify raising classes in the middle -- raising taxes in the middle class which has been buried. >> reporter: romney said they have been buried. the obama campaign says ryan took mr. biden's comments out of context. in washington, susan mcginnis, cbs news. >> what are the facts and what you're hearing tonight is going to be just spin? we'll sort it all out for you this evening as we fact check the candidates in real time as they speak. we're teaming up with our partners at "u.s.a. today." we'll get the job done together. it starts at 9:00 p.m. on wusa9.com. we'll live stream the debate there on our website and be sure to watch 9news now at 11:00 for the most accurate debate coverage. >>> if you're not being avoiced from all the political signs clogging the medians of the virginia highways, there's a reason for that. there's not there anymore. lawmakers got rid of the law which used to allow the signs. right now not even political signs are allowed along public roads. >> too many. you get a little annoyed. >> looks like a lot of chaos. >> they can cause sight distance
. >> how they can justify raising classes in the middle -- raising taxes in the middle class which has been buried. >> reporter: romney said they have been buried. the obama campaign says ryan took mr. biden's comments out of context. in washington, susan mcginnis, cbs news. >> what are the facts and what you're hearing tonight is going to be just spin? we'll sort it all out for you this evening as we fact check the candidates in real time as they speak. we're teaming up with...
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Sep 26, 2012
09/12
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he's cut taxes. and he focused like a laser on job creation, which last time i checked are the exact same things mitt romney is talking about doing, getting federal spending under control, looking at ways to create jobs, he's got a plan to create 13 million jobs when he takes office, and doing the kinds of things that -- cutting taxes, getting regulations, the wind in our face, which is what john kasich has called it, that's been coming from washington since barack obama has been the president. so, you know, if mitt romney is sticking to that message, ohio is a great indication that that's exactly what will work. that's exactly what will help fix the united states' economy in the way that governor kasich and other leaders here have begun the process of fixing the ohio economy. but no one would suggest the job is done yet. no one would suggest ohioans are exempt from their portion of the $16 trillion federal deficit. we have got a long way to go. we need a partner in washington to help us, you know, c
he's cut taxes. and he focused like a laser on job creation, which last time i checked are the exact same things mitt romney is talking about doing, getting federal spending under control, looking at ways to create jobs, he's got a plan to create 13 million jobs when he takes office, and doing the kinds of things that -- cutting taxes, getting regulations, the wind in our face, which is what john kasich has called it, that's been coming from washington since barack obama has been the president....
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Oct 3, 2012
10/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number.
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number.
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Sep 26, 2012
09/12
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more tax cuts for really wealthy people. putting an additional tax burden on working people. and looking down their noses in the most disdainful way, martin. >> yes. and i think mitt romney spoke from his heartn al ab47% of the american people basically being parasites. >> you are the psychologist, so only you can make a comment about that. but i'm so glad you mentioned paul ryan, because he wasn the trail today. and he was dispatched to colorado. where he took a question from a woman, whoak every two weeks and cannot get off welfare. here's the conclusion to his rather lengthy insubstantial answer. >> a hand up, a hand out. teach a n to fish, he can feed elr ali. don't simply feed fish. >> don't feed the fish? feed the 5,000? what is this man talking about? >> well, ari almost insultingneinsult ing answer to a serious question. there are struggling americans looking for real answers. all they're hearing from romney/ryan is tax cuts for the wealthy. let this trickle down system that's failed us in the past, let's go back to that, try it at least e more time. let's enrich our
more tax cuts for really wealthy people. putting an additional tax burden on working people. and looking down their noses in the most disdainful way, martin. >> yes. and i think mitt romney spoke from his heartn al ab47% of the american people basically being parasites. >> you are the psychologist, so only you can make a comment about that. but i'm so glad you mentioned paul ryan, because he wasn the trail today. and he was dispatched to colorado. where he took a question from a...
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Sep 30, 2012
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obama's tax plan four years ago. >> in the third debate, john mccain repeatedly alluded to joe the plumber, and the allegation that barack obama #-r would share the wealth. >> reid: jamieson says that gave mccain a boost in the polls, but as mccain later learned, even a memorable debate moment carries a candidate only so far. the live tv audience for the first obama-romney debate is expected to be about 60 million people. that's roughly half the number expected to vote in the election. the combination of shrinking finances and rising crime is forcing drastic change on camden, new jersey, a small city just across the delaware from philadelphia. tony guida has the details of a reorganization plan that would take veteran cops off the beat permanently. >> reporter: if camden had its own postcards, the picture would look look a lot like this-- police responding to the scene of a crime. with just 77,000 residents and 1500 violent crimes and 48 murders this year alone, camden has been called one of the most dangerous cities in america. now, in an unprecedented move, the hard-pressed city is plann
obama's tax plan four years ago. >> in the third debate, john mccain repeatedly alluded to joe the plumber, and the allegation that barack obama #-r would share the wealth. >> reid: jamieson says that gave mccain a boost in the polls, but as mccain later learned, even a memorable debate moment carries a candidate only so far. the live tv audience for the first obama-romney debate is expected to be about 60 million people. that's roughly half the number expected to vote in the...
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Sep 27, 2012
09/12
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i'm going to cut your taxes and i'm not sure how much. i'm going to repeal obamacare, but i'm not sure how much. there are a lot of things. i'm going to change the government, but i have to wait to meet with the congress. lou: that is president obama who is cutting that. >> my point is that is the romney slogan. i have been running for president for six years, here is what i'm going to do. i think that is why it -- lou: if you are telling the truth, both of you have said the same thing, the voters want specificity and they want to plan. why in gods name would they not want performance and a plan from the president of the united states who has failed to this point in his administration. their point is that according to the polls, is that we don't particularly have confidence in obama, but we have less and governor romney. this is not good news for the president. it's very governors. lou: basically what you're saying to me is, this president, who has blamed his policy failures on his predecessor, now has the wonderful advantage of running a
i'm going to cut your taxes and i'm not sure how much. i'm going to repeal obamacare, but i'm not sure how much. there are a lot of things. i'm going to change the government, but i have to wait to meet with the congress. lou: that is president obama who is cutting that. >> my point is that is the romney slogan. i have been running for president for six years, here is what i'm going to do. i think that is why it -- lou: if you are telling the truth, both of you have said the same thing,...
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Sep 27, 2012
09/12
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romney tempers tax plan, dialing back his tax code, suggesting that he's going to remove tax deductions from the middle class. he didn't talk a bit about take home pay and lower tax rates. and frankly, i was angry and confused and if i don't get it, i suspect the public may not get it. >> yeah, i watched the show last night, i saw that anger. and i share that anger. you know, look, there's an order rule of politics, either you're on offense or defense. and too much of this campaign over the last month mitt romney has been on defense. he talked about his tax cut plan defensively. he was pulling back on it saying you're not going to get a big tax cut here because every dollar we give in you rate reduction we'll take away a deduction from you. that's not the way it to sell a tax cut. it's putting more money in people's pockets and be inning incentives. i want to see mitt romney that is much more bold and much more confident in his program. i wonder whether mitt romney even believes in the tax cut or whether it was just forced upon him. >> that is a key question. i'll go to phil mus musser
romney tempers tax plan, dialing back his tax code, suggesting that he's going to remove tax deductions from the middle class. he didn't talk a bit about take home pay and lower tax rates. and frankly, i was angry and confused and if i don't get it, i suspect the public may not get it. >> yeah, i watched the show last night, i saw that anger. and i share that anger. you know, look, there's an order rule of politics, either you're on offense or defense. and too much of this campaign over...
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Oct 4, 2012
10/12
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about my tax plan is inaccurate. >> all right. back to the campaign trail today for president obama and republican challenger mitt romney after they locked horns in their first face-to-face debate. they made their cases on a wide range of domestic issues in colorado. >> bigad shaban has highlights now from denver. >>> reporter: the first presidential debate started with a handshake and a romantic moment. >> 20 years ago, i became the luckiest man on earth because michelle obama agreed to marry me. >> congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here with me. >> reporter: the theme of the debate for president obama appeared to be that romney's plans lacked specifics. >> is the reason that governor romney is keeping all these plans secret because it's too good? >> reporter: governor romney spent the night attacking his record. >> we still have deficit. >> reporter: mitt romney came into the debate trailing in the polls but that could change after last night's
about my tax plan is inaccurate. >> all right. back to the campaign trail today for president obama and republican challenger mitt romney after they locked horns in their first face-to-face debate. they made their cases on a wide range of domestic issues in colorado. >> bigad shaban has highlights now from denver. >>> reporter: the first presidential debate started with a handshake and a romantic moment. >> 20 years ago, i became the luckiest man on earth because...
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Sep 29, 2012
09/12
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. >> sure there is the president, california taxes, but did you also know you will be voting on food? >> i have no concerns about myself, or any of my friends, or my family eating genetically modified organisms, we had to do it over 15 years .. >> is your food all natural? pym were reportedly, does it really matter? >> we have a new tidbit from arnold schwarzenegger's " total recall " book, the political genius could told arnold that,,, dan hurd: when i was a child, california was a leader in education funding. erika derry: and the fact that california isn't making it a priority frustrates me. dan hurd: i'm ashamed of that, and i don't want this to continue for my daughter. brenda kealing: prop 38 is going to bring a lot of money to our schools. suzan solomon: the money stays at the school site. cade derry: what i would really like to see is that the teachers... that were laid off come back to the school. navaz hurd: a smaller class size. navaz hurd: as a mom i want that. as a teacher i want that. >> >> she spent 15 years under house arrest, away from her husband and children because
. >> sure there is the president, california taxes, but did you also know you will be voting on food? >> i have no concerns about myself, or any of my friends, or my family eating genetically modified organisms, we had to do it over 15 years .. >> is your food all natural? pym were reportedly, does it really matter? >> we have a new tidbit from arnold schwarzenegger's " total recall " book, the political genius could told arnold that,,, dan hurd: when i was a...
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Sep 30, 2012
09/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> thousands people incentives to a part of it walk to and all timers this week and part of a nationwide fund-raising trips part of protecting walks in northern california the money raised used for care support and research. it began and ended at mission creek park and took place along the waterfront. 60 million people experts to determine the first presidential debate on wednesday night and some say it will be a slugfest. >>> a number of those voters of all women at the mine's one way or another and that's i've returned to the former mayor of this emphasis will chronicle in the first question is a given that polls in such today's debates even matter? >>> absolutely i suspect mitt romney is relying on the debates to be his stron
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> thousands people incentives to a part of it walk to and all timers this week and part of a nationwide fund-raising trips...
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Sep 27, 2012
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what did he do, did he avoid tax or minimize tax? >> he took advantage of exactly what the tax code was, he didn't avoid it, he delayed it. it's important for people to understand. a lot of tax planning goes into when you're a wealthy individual and we applaud he took money-- excuse me took stock and low cost basis into a trust. a republican or democrat you can do that. what he did at that point no money was taxed at all on that, on those assets. in this case double click stock, it went up. and about this, normally when you have a trust, the trust will pay the tax. in this case he set up grantor trust which means he's paying the taxes on that not the trust. so the idea that he avoided taxes is just not true. you get a certain amount of gift taxes when we're all sitting right a certain amount of gift tax to use that when you die or while you're alive. he used some of that alive and the nice thing he's passing along this to his grandkids and his kids, teaching them and helping them how to manage money and work with it. it's a benefit a
what did he do, did he avoid tax or minimize tax? >> he took advantage of exactly what the tax code was, he didn't avoid it, he delayed it. it's important for people to understand. a lot of tax planning goes into when you're a wealthy individual and we applaud he took money-- excuse me took stock and low cost basis into a trust. a republican or democrat you can do that. what he did at that point no money was taxed at all on that, on those assets. in this case double click stock, it went...